Account Management LLC Has $7.17 Million Stock Position in ASML Holding (NASDAQ:ASML)

Account Management LLC trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,012 shares of the semiconductor company’s stock after selling 325 shares during the period. ASML comprises 8.1% of Account Management LLC’s holdings, making the stock its 4th largest position. Account Management LLC’s holdings in ASML were worth $7,171,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ASML. Hilltop National Bank lifted its stake in ASML by 1.0% in the 2nd quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 10 shares during the last quarter. First PREMIER Bank raised its holdings in ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after acquiring an additional 11 shares during the period. Investment Partners LTD. raised its holdings in ASML by 1.2% in the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after acquiring an additional 11 shares during the period. Valley National Advisers Inc. raised its holdings in ASML by 1.1% in the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after acquiring an additional 12 shares during the period. Finally, Pure Financial Advisors LLC raised its holdings in ASML by 2.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after acquiring an additional 12 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ASML. Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company boosted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, JPMorgan Chase & Co. boosted their price target on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Stock Down 5.4 %

Shares of NASDAQ ASML opened at $752.79 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The company has a market cap of $297.04 billion, a price-to-earnings ratio of 38.45, a PEG ratio of 1.91 and a beta of 1.49. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. The stock has a 50-day moving average price of $925.80 and a two-hundred day moving average price of $950.52.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the prior year, the firm posted $5.37 earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. As a group, analysts forecast that ASML Holding will post 20.3 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 1.00%. ASML’s dividend payout ratio is presently 28.50%.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.